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Economy

Offices All But Empty (Again) as Lockdown Halts the Commute

Source: https://huq.io/indicators/offices-all-but-empty-again-as-lockdown-halts-the-commute/

Workplace attendance in the UK is nearing zero as the second national lockdown and subsequent tired system sends employees back to the home office.

The number of people going into work had reached a similar low in April / May before gradually returning to almost 40% of YOY levels by the Autumn. However, strong advice from the government to work from home and this second wave has caused workplace attendance to tumble once again. With Christmas and London going into Tier 3 from today, the data suggests the commute economy could be in for a tough start to 2021.

The Huq Index counts the number of daily unique panelists observed visiting their places of work and compares that to the mean of the equivalent week the year before, basing the result at 100. Both daily and 7-day rolling averages are shown in this output. Sign up to our x3 weekly newsletter to track Covid-19’s impact on the commute economy in the coming months.

To learn more about the data behind this article and what Huq has to offer, visit https://huq.io/.

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Data is changing the speed of business. Investors, Corporations, and Governments are buying new, differentiated data to gain visibility make better decisions. Don't fall behind. Let us help.

DATA PROVIDER SPOTLIGHT

Advan

Advan provides hedge funds and institutional investors with unmatched insights into both foot and vehicle traffic to enable better investment decisions. Using precise, manual geofencing, it has the most extensive and accurate location data, available in seconds through an intuitive, self-service dashboard. Its institutional-grade analytics allow fast and actionable insights into customer behavior and corporate activity.

Advan is headquartered in New York City. For more information please visit www.advan.us